Global Surgical Tourniquets Market Is Estimated To Witness High Growth Owing To Rising Number Of Surgeries & Increasing Healthcare Expenditure

Surgical Tourniquets Market
Surgical Tourniquets Market


The Surgical Tourniquets Market is estimated to be valued at Us$ 481.0 Mn in 2022 and is expected to exhibit a CAGR Of 7.8% over the forecast period 2023-2032, as highlighted in a new report published by Coherent Market Insights.


Market Overview:
A surgical tourniquet is a temporary occlusion device, usually an inflatable cuff, that is applied around an arm or leg to restrict blood flow during surgery or trauma to create a bloodless field. The use of tourniquets allows surgeons better visualization during procedures. They are commonly used in orthopedic, limb reconstruction and vascular surgical procedures.

Market Dynamics:
The global surgical tourniquets market is witnessing significant growth owing to the rising number of surgeries performed worldwide. According to the Organisation for Economic Co-operation and Development (OECD), over 231 million surgical procedures were performed globally in 2020. Additionally, increasing healthcare expenditure in emerging economies is also contributing to market growth. For instance, healthcare spending in China and India is projected to grow at a CAGR of 9.5% and 12.5% between 2022-2025. Moreover, technological advancements in tourniquet systems that allow better accuracy, comfort and efficiency during procedures is expected to drive the demand over the forecast period.

Segment Analysis


The global surgical tourniquets market is segmented by type into pneumatic tourniquets, non-pneumatic tourniquets and others. The non-pneumatic tourniquets segment dominates the market with over 35% share due to advantages such as easy applicability, minimal complications and cost-effectiveness compared to pneumatic tourniquets.

Key Takeaways


The global surgical tourniquets market is expected to witness high growth, exhibiting CAGR of 7.8% over the forecast period, due to increasing number of surgical procedures.

Regional analysis
North America holds the largest share in the surgical tourniquets market, accounting for over 35% share due to developed healthcare infrastructure and presence of key players in the region. Asia Pacific is expected to witness fastest growth over the forecast period owing to rising medical tourism, increased healthcare spending and growing aging population.

Key players


Key players operating in the Surgical Tourniquets Market are Anetic Aid, Zimmer Biomet, Stryker Corporation, Hammarplast Medical AB, Delfi Medical Innovation, Ulrich Medical, Riester, Hangzhou Keyu, Medic Instrument, Bohua Medical, Pyng Medical Corporation and Others. Stryker Corporation dominates the global market due to widespread product portfolio and strong distribution network across major markets.



Read More : https://www.newswirestats.com/emerging-prospects-in-surgical-tourniquets-owing-to-rise-in-joint-replacement-surgeries/

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